Common use of Effect of Abatements Clause in Contracts

Effect of Abatements. Appropriate credit against Taxes or PILOT shall be given for any refund obtained by reason of a reduction in any Taxes by the assessors or the administrative, judicial or other governmental agency responsible therefor after deduction of Landlord’s expenditures for reasonable legal fees and for other reasonable expenses incurred in obtaining the Tax or PILOT refund.

Appears in 5 contracts

Samples: Lease Agreement (Theseus Pharmaceuticals, Inc.), Sublease (Praxis Precision Medicines, Inc.), Sublease (Praxis Precision Medicines, Inc.)

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Effect of Abatements. Appropriate credit against Taxes or PILOT shall be given for any refund obtained by reason of a reduction in any Taxes by the assessors or the administrative, judicial or other governmental agency responsible therefor after deduction of Landlord’s expenditures for reasonable legal fees and for other reasonable expenses incurred in obtaining the Tax or PILOT refund.

Appears in 5 contracts

Samples: Sublease Agreement (Compass Therapeutics, Inc.), Indenture of Lease (Dicerna Pharmaceuticals Inc), Lease (Akebia Therapeutics, Inc.)

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